Bitwise to Shut Down Dogecoin ETF After Less Than a Year

Bitwise is liquidating its Dogecoin ETF ($BWOW), less than a year after its launch. Trading will end October 14, with remaining shareholders cashed out the following week. The fund marks the 10th ETF liquidation this year, with assets down roughly 40% from launch to $9 billion. Bitwise cited efforts to optimize its product lineup for investor demand. The closure comes as Dogecoin (DOGE) trades at $0.08343, down 2.5% over 24 hours and 4.2% over the past week, reflecting the broader pullback in demand for smaller altcoin exposure through ETF wrappers.